Privatisation team fights for powers

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Privatisation Commission Chairman, Faisal Abass. FILE PHOTO | NMG

The Privatisation Commission has opposed a plan to hand the National Treasury more powers in selling public enterprises under proposed changes to the law.

The Commission, which will be renamed the Privatisation Authority if new changes are adopted, argues that granting of powers to the National Treasury Cabinet Secretary to appoint members to the authority is a threat to its independence.

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